Highbridge, Athyrium Provide New $72.5MM Novelion Therapeutics Facility
Certain funds managed by Athyrium Capital Management and Highbridge Capital Management provided a facility consisting of $50 million in new...
Forward for Specialty Finance
SunTrust Leads PennantPark Facility Upsize to $520MM
PennantPark Floating Rate Capital upsized its credit facility led by SunTrust Robinson Humphrey to $520 million from $405 million.
Two River Community Bank Welcomes Halverstadt as VP/Commercial Loan Officer
Two River Community Bank announced the addition of Jeff Halverstadt as vice president and commercial loan officer serving the central...
GE Capital Energy Financial to Sell Equity Portfolio to Apollo
Funds managed by affiliates of Apollo Global Management and GE Capital reached an agreement where Apollo will acquire a $1...
GE Replaces Flannery with New Chairman & CEO
GE named H. Lawrence Culp, Jr. chairman and CEO succeeding John Flannery. The GE board also appointed Thomas W. Horton...
Fed Raises Interest Rates in Response to Strong Economy
The Federal Reserve raised the target range for the federal funds rate to 2% to 2-1/4% in view of realized...
LBC Credit Supports Drake Automotive Refi
LBC Credit Partners provided senior secured credit facilities to Huron Capital to support the refinancing of Drake Automotive Group and...
Fifth Third, MB Financial Merge in Transaction Valued at $4.7B
Fifth Third and MB Financial signed a definitive merger agreement under which MB will merge with Fifth Third in a...
Latest CFA Asset-Based Finance Index Indicates Continued Growth
U.S. businesses continue to grow, as reflected by increased borrowing during Q4/17, the Commercial Finance Association announced.
Rex Energy Files for Chapter 11; Angelo, Gordon to Agent $100MM DIP
Rex Energy filed a voluntary petition for Chapter 11 to facilitate a sale process for its remaining assets.
